India, US to jointly target financial networks of LeT, JuD

Washington: India and the US on Sunday agreed to work together to target the financial network and fund raising activities of terror outfits like Lashkar-e-Taiba (LeT), Jamaat-ud-Dawa (JuD), the Haqqani network and individual terrorists associated with these organisations.

The decision by the two countries, in this regard, was taken during a meeting between Finance Minister P Chidambaram and US Treasury Secretary Jack Lew.

The two leaders jointly chaired the fourth annual meeting of India-US Economic and Financial Partnership held at the IMF headquarters here.

Chidambaram and Lew also agreed on commitment to deepening dialogue on implementation of international anti-money laundering, combating the financing of terrorism and expanding cooperation on countering illicit financing.

This will include targeting the financial networks and fundraising activities of terror organisations such as Lashkar-e-Taiba (LeT), Jamaat-ud Dawa (JuD), the Haqqani Network and individual terrorists associated with these organisations, India said in a statement after the meeting.

These commitments were also reflected in a joint statement issued after Chidambaram`s meeting with Lew.

"They also agreed to enhance cooperation between our agencies in fighting against counterfeiting currency and illicit financial flows," the statement said.